Shareholders Push for Interim Dividends at Guinness Nigeria

During the 75th annual general meeting held in Lagos, shareholders of Guinness Nigeria Plc, represented by Sir Sunny Nwosu, urged the board to sustain the payment of interim dividends. Nwosu expressed satisfaction with the company's return to profitability and the increase in share price from N10 to N400 over the year.

He emphasized the importance of interim dividends becoming a regular part of the company's vocabulary. The board announced an interim dividend of N2 per ordinary share for the quarter ending March 31, 2026, with profits after tax rising 48% year-on-year to N10.39 billion from N7.03 billion in the previous year.

Revenue grew by 4% to N122.77 billion, and operating profit remained resilient at N17.18 billion despite margin pressures. Chairman Prof. Fabian Ajogwu assured shareholders of the company's commitment to improving performance and delivering better returns on investment.

The company also re-elected several directors and announced significant revenue growth of 144% to N730.80 billion by the end of 2025.